STR: Eid al-Fitr boosts hotel bookings in key Middle East markets
Key markets in the Middle East are showing a spike in hotel occupancy on the books during Eid al-Fitr, according to STR’s Forward STAR data.
STR: U.S. hotel performance for March 2023
The U.S. hotel industry reported higher performance from the month prior, according to March 2023 data from STR.
STR: U.S. hotel results for week ending 15 April
U.S. hotel performance increased from the previous week, and year-over-year comparisons reflected the positive side of the Easter calendar shift, according to STR‘s latest data through 15 April.
Hotel construction down across world regions
Each of the four world regions showed a year-over-year decline in hotel construction activity, with Asia Pacific coming closest to its 2022 comparable, according to March 2023 pipeline data from STR.
STR: Canada hotel occupancy reached five-month high in March
Canada’s hotel occupancy was its highest since October 2022, according to STR’s March 2023 data.
STR: Coronation, Eurovision driving hotel bookings in key U.K. markets
Multiple events in the U.K., including the King’s coronation and Eurovision, are driving hotel occupancy on the books in both London and Liverpool, according to STR’s Forward STAR data.
STR: U.S. hotel results for week ending 22 April
U.S. hotel performance increased from the previous week, according to STR‘s latest data through 22 April.
U.S. hotel TRevPAR highest on record in March
U.S. hotel total revenue per available room (TRevPAR) was the highest for any month on record, according to STR‘s March 2023 P&L data release.
CoStar Group Launches the Next Generation of STR
CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information and analytics in the commercial and residential property markets, announced today the launch of STR Benchmarking, a transformational market share product for the glo...
(E) How long will STR legacy reports continue?
Until you have been upgraded to CoStar, there is no timeline for a change with the reports you receive. Once you are in the new product, there will be a 30-day overlap period when STAR, Bandwidth, RPM, etc. are still delivered as legacy reports. Corporate Reports, Da...
Key Asia Pacific hotel markets surpassed 2019 profitability levels in March
Further supporting recovery around the region, a majority of Asia Pacific’s key hotel markets surpassed their 2019 levels in gross operating profit per available room (GOPPAR), according to STR’s March 2023 P&L data release.
STR: U.S. hotel results for week ending 29 April
U.S. hotel performance showed mixed results from the previous week but remained up year over year, according to STR‘s latest data through 29 April.